Another contract announcedAfter Honda Japan, now BAT (British American Tobacco).
Investments they made to extend their global reach are paying off. Canada NewsWire
OTTAWA, Sept. 26, 2019 /CNW/ - Kinaxis® Inc. (TSX: KXS), the leader in empowering people to make confident supply chain decisions, today announced that British American Tobacco (BAT) has selected Kinaxis as its supply chain planning partner. Headquartered in London, UK, BAT employs over 55,000 with operations in 180 countries around the world.
"BAT is committed to being the leader in transforming the tobacco industry," said Luigi Giucca, Group Head of Supply Network Operations at BAT. "To do this, we needed to re-invent our supply chain, and of the solutions we evaluated Kinaxis proved to be the company that could truly provide us with the speed and agility that we need. Additionally, we hope to increase collaboration internally and externally, shorten our decision-making time, and gain fresh insights to take advantage of opportunities and respond to business opportunities and risk faster."
The BAT supply chain includes a manufacturing network of 55 factories and 1,300 distribution centers around the world. Over the next three years, BAT will deploy a suite of Kinaxis applications including supply planning, demand planning, S&OP, inventory planning, and machine learning capabilities through the Kinaxis Self-Healing Supply Chain™ and will integrate data from its SAP ERP system.
"Global manufacturers are turning to Kinaxis to provide real-time end-to-end visibility, concurrent scenario planning and collaborative decision-making as a way to stay competitive and responsive to customer needs," said John Sicard, Chief Executive Officer, Kinaxis. "We welcome BAT into our growing ecosystem of European consumer products customers, and look forward to working with them as they move along their maturity journey and enhance supply chain agility."
About Kinaxis Inc.
Eliminating volatility in your supply chain is impossible, but managing it is not. Trusted by top brands, Kinaxis® gives people the confidence to know they are making the best supply chain planning decisions to maximize business performance. We solve complex business problems in easy-to-understand ways by combining human and machine intelligence to plan for any future, monitor risks and opportunities and respond at the pace of change. With the support of our community of supply chain experts and using our unique concurrent planning technique and single integrated planning platform, customers can realize higher revenue, lower costs and fewer risks. For more Kinaxis news, follow us on LinkedIn, Twitter or Facebook.
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements as to Kinaxis' growth opportunities and the potential benefits of, and demand for, Kinaxis' products and services. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of Kinaxis' products and services compared to competitive offerings in the industry. Readers are cautioned not to place undue reliance on such statements. Kinaxis' actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by such statements. Risk factors that may cause the actual results, performance, achievements or developments of Kinaxis to differ materially from the results, performance, achievements or developments expressed or implied by such statements can be found in the public documents filed by Kinaxis with Canadian securities regulatory authorities. Kinaxis assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.
SOURCE Kinaxis Inc.
image: https://rt.newswire.ca/rt.gif?NewsItemId=C7107&Transmission_Id=201909260700CANADANWCANADAPR_C7107&DateId=20190926
View original content: https://www.newswire.ca/en/releases/archive/September2019/26/c7107.html
Media Relations, Danielle McNeil Taylor, Kinaxis, dmcneiltaylor@kinaxis.com, 343-998-7284; Investor Relations, Rick Wadsworth, Kinaxis, rwadsworth@kinaxis.com, 613-907-7613Copyright CNW Group 2019
Canada Newswire
September 26, 2019 - 4:00 AM PDT
Read more at https://stockhouse.com/news/press-releases/2019/09/26/bat-selects-kinaxis-to-enhance-global-supply-chain-agility#VFhDChgayUDTb0xF.99